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Side-by-side financial comparison of GDEV Inc. (GDEV) and Phoenix Education Partners, Inc. (PXED). Click either name above to swap in a different company.

Phoenix Education Partners, Inc. is the larger business by last-quarter revenue ($222.5M vs $119.9M, roughly 1.9× GDEV Inc.). GDEV Inc. runs the higher net margin — 13.9% vs 4.8%, a 9.0% gap on every dollar of revenue.

GDEV Inc. is a gaming and entertainment holding company. It is a publicly traded company listed on the Nasdaq stock exchange, headquartered in Limassol, Cyprus. The holding was evolved in June 2023 from a video game company Nexters, founded in 2014, one of the top five independent mobile game companies in Europe. Subsidiaries of GDEV include Nexters Studio, which operates offices in Cyprus, Armenia, and Kazakhstan, as well as Cubic Games, Royal Ark, Game Gears and Light Hour Games. The compan...

The University of Phoenix (UoPX) is a private for-profit university headquartered in Phoenix, Arizona. Founded in 1976, the university confers certificates and degrees at the certificate, associate, bachelor's, master's, and doctoral degree levels. It is institutionally accredited by the Higher Learning Commission and has an open enrollment admissions policy for many undergraduate programs. The school is owned by Phoenix Education Partners.

GDEV vs PXED — Head-to-Head

Bigger by revenue
PXED
PXED
1.9× larger
PXED
$222.5M
$119.9M
GDEV
Higher net margin
GDEV
GDEV
9.0% more per $
GDEV
13.9%
4.8%
PXED

Income Statement — Q2 FY2025 vs Q2 FY2026

Metric
GDEV
GDEV
PXED
PXED
Revenue
$119.9M
$222.5M
Net Profit
$16.6M
$10.8M
Gross Margin
Operating Margin
15.5%
6.3%
Net Margin
13.9%
4.8%
Revenue YoY
13.3%
Net Profit YoY
13.0%
EPS (diluted)
$0.90
$0.28

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GDEV
GDEV
PXED
PXED
Q1 26
$222.5M
Q4 25
$262.0M
Q2 25
$119.9M
Q2 24
$105.8M
Q2 23
$114.9M
Q2 22
$125.8M
Net Profit
GDEV
GDEV
PXED
PXED
Q1 26
$10.8M
Q4 25
$15.5M
Q2 25
$16.6M
Q2 24
$14.7M
Q2 23
$19.5M
Q2 22
$29.3M
Operating Margin
GDEV
GDEV
PXED
PXED
Q1 26
6.3%
Q4 25
9.8%
Q2 25
15.5%
Q2 24
14.4%
Q2 23
12.9%
Q2 22
34.4%
Net Margin
GDEV
GDEV
PXED
PXED
Q1 26
4.8%
Q4 25
5.9%
Q2 25
13.9%
Q2 24
13.9%
Q2 23
17.0%
Q2 22
23.3%
EPS (diluted)
GDEV
GDEV
PXED
PXED
Q1 26
$0.28
Q4 25
$0.40
Q2 25
$0.90
Q2 24
$0.81
Q2 23
$0.99
Q2 22
$0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GDEV
GDEV
PXED
PXED
Cash + ST InvestmentsLiquidity on hand
$41.6M
$201.4M
Total DebtLower is stronger
$58.8M
Stockholders' EquityBook value
$-129.4M
$291.1M
Total Assets
$210.2M
$546.4M
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDEV
GDEV
PXED
PXED
Q1 26
$201.4M
Q4 25
$163.5M
Q2 25
$41.6M
Q2 24
$50.8M
Q2 23
$68.6M
Q2 22
$91.4M
Total Debt
GDEV
GDEV
PXED
PXED
Q1 26
$58.8M
Q4 25
$61.6M
Q2 25
Q2 24
Q2 23
Q2 22
Stockholders' Equity
GDEV
GDEV
PXED
PXED
Q1 26
$291.1M
Q4 25
$280.4M
Q2 25
$-129.4M
Q2 24
$-118.7M
Q2 23
$-135.8M
Q2 22
$-105.2M
Total Assets
GDEV
GDEV
PXED
PXED
Q1 26
$546.4M
Q4 25
$549.6M
Q2 25
$210.2M
Q2 24
$282.8M
Q2 23
$302.2M
Q2 22
$373.3M
Debt / Equity
GDEV
GDEV
PXED
PXED
Q1 26
0.20×
Q4 25
0.22×
Q2 25
Q2 24
Q2 23
Q2 22

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GDEV
GDEV
PXED
PXED
Operating Cash FlowLast quarter
$48.9M
Free Cash FlowOCF − Capex
$43.5M
FCF MarginFCF / Revenue
19.6%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
4.53×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDEV
GDEV
PXED
PXED
Q1 26
$48.9M
Q4 25
$31.1M
Q2 25
Q2 24
Q2 23
Q2 22
$21.1M
Free Cash Flow
GDEV
GDEV
PXED
PXED
Q1 26
$43.5M
Q4 25
$26.4M
Q2 25
Q2 24
Q2 23
Q2 22
FCF Margin
GDEV
GDEV
PXED
PXED
Q1 26
19.6%
Q4 25
10.1%
Q2 25
Q2 24
Q2 23
Q2 22
Capex Intensity
GDEV
GDEV
PXED
PXED
Q1 26
2.4%
Q4 25
1.8%
Q2 25
Q2 24
Q2 23
Q2 22
Cash Conversion
GDEV
GDEV
PXED
PXED
Q1 26
4.53×
Q4 25
2.01×
Q2 25
Q2 24
Q2 23
Q2 22
0.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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